Financial stocks rose Friday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) ahead 0.4%.
The Philadelphia Housing Index shed 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.2%.
Bitcoin (BTC-USD) rose 2.7% to $89,645, and the yield for 10-year US Treasuries was little changed at 4.42%.
In economic news, US retail sales data from the Commerce Department showed a 0.4% jump in October, a bigger increase than the 0.3% gain expected in a survey compiled by Bloomberg.
In corporate news, JPMorgan Chase (JPM) is exploring options for its European headquarters in London's Canary Wharf financial district, Reuters reported. JPMorgan shares gained 1.3%.
KKR (KKR) said Friday it expects to begin a second tender offer for Tokyo-listed Fuji Soft "as soon as the middle of next week" after board members at the Japanese robotics tech company unanimously recommended shareholders accept a sweetened takeover by the US-based private equity firm. KKR shares were shedding 0.9%.
Ellington Financial (EFC) said Friday it has closed a $290 million securitization backed by a pool of non-qualified residential mortgage loans. Its shares were down 0.3%.
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